Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
The Congressional Budget Office (CBO) has estimated that the Republican tax bill recently passed by the House would increase US budget deficits by $2.42 trillion over the next decade.
This increase comes from a combination of $3.67 trillion in reduced tax revenues and $1.25 trillion in spending cuts.
The bill includes making Trump’s 2017 tax cuts permanent, eliminating taxes on tips and overtime pay, and raising the state and local tax deduction cap.
While Trump administration officials believe economic growth will offset these concerns, the bill faces opposition in the Senate and criticism from fiscal conservatives who worry about the growing national debt.
